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Polkadot Cryptocurrency is currently on bearish momentum by 29.46% in the last 7 days. At 07:49 EST on Sunday, 25 April, Polkadot is at $29.92.
Polkadot Range
Concerning Polkadot’s daily highs and lows, it’s 7.2% up from its trailing 7 days low of $27.91 and 22.16% down from its trailing 7 days high of $38.44.
Social Status
Currently, Polkadot has 319794 Twitter followers and 22882 Reddit subscribers.
Volatility
https://www.youtube.com/watch?v=fpAJQdWdJ08
Polkadot’s last week, last month’s, and last quarter’s current volatility was 38.36%, 38.36%, and 38.36%, respectively.
Polkadot’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 38.36% (last week), 38.36% (last month), and 38.36% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Polkadot’s crypto is considered to be overbought (>=80).
Other News About Polkadot
According to FX Empire on Sunday, 25 April, “Binance Coin (-5.68%), Bitcoin Cash SV (-5.21%), Cardano’s ADA (-4.66%), Ethereum (-6.47%), Litecoin (-6.77%), and Polkadot (-8.32%) also struggled.”
News about Bitcoin
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, “The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. “, “All else equal, with Bitcoin mining, we believe renewable energy should be able to provision a large percentage of any locality’s power economically,” the post said. “
Power transaction: Bitcoin whales move over $6b worth of crypto in A day. According to Business Insider on Saturday, 24 April, “Scott Minerd,the chief investment officer at Guggenheim Partners, a financial services firm managingover $310 billion,believesthat Bitcoin could go as low as $20,000.”, “The second wallet received nearly 5,750 Bitcoin (over $286 million) from world’s the top cryptocurrency exchange Binance andsent itto two unknown wallets in one transaction. “
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, “That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg.”, “Owners of the trust must find buyers in the secondary market if they want to sell, which can exacerbate the discount with the price of Bitcoin falling. “
Scientist who says he created Bitcoin can sue mystery website. According to Bloomberg Quint on Friday, 23 April, “An Australian scientist who says he created Bitcoin won the backing of a London court to pursue the mystery owners of the bitcoin.org website for allegedly infringing his copyright over the world’s largest cryptocurrency.”, “Wright is seeking a declaration that he owns the copyright to the Bitcoin white paper, according to the statement. “
According to Business Insider on Friday, 23 April, “Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.”, “The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security.”
More news about Polkadot.
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